The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-10-27
EXCHANGE.

EXCHANGE.
New York and cities north and east, on
1emnnd, 81 discount buying par selling
New York and principal cities north and
east, three days grace, 81 discount buying
par selling; New Orleans, 81 discount buy.
ing, par selling
The local cotton market was quite lively
Today, and closed steady, with large sales,
3, 700 bales, the exporters taking 1000 bales
ind the spinner 2,Go0. This makes the
talcs for two days 1900 bales. At New Or.
leans spots are very firm, the sales being
1900 bales. Futures for October advanced
point and the other months 20 points.
The Liverpool market is steady; fair de-
mand, with futures up l 10 points Al
New York spots are quiet and steady, with
futures very steady. OF the future market
h. l.. Greene 4 Co. say; Cotton contracts
were not unusually excited, and the market
ut times seemed 10 wavcr somewhat; yet
behind ALL there was good buying and the
GENERAL course Of prices upward, with gain
pf 10 spoints and pretty close all along
1hc line at about the top rates Of the day"
A cable from Liverpool 10 New Orleans
billy higher In consequence Of Ellison &
Co.'s cotton circular having n bullish tone,
Estimating 0s0i, Oho bales II American crop
sBseded consumption past year GGSs,O 600
american"
Dan 1almagc & Sons, In a circnlnr on the
Fioe crop, state that three prominent factors
Determine the course of the domestic rice
market: the amount produced the cost uf
Importing foreign, the amount produced 81
bther crops, such ~ potatoes etc, which are
plated In greater or less degree "a the same
hannels Of consumption Rs rice. The facts
rcgarl To these show that the crop Is
rarly 30, 900 barrels short 81 trade require.
pents east Of the Rocky mountains; that the
pmcstic In primary market is below the
bet Of competing grades In foreign, that
herc " marked shortage In crops which
Dr.. ordinarily, competitors with rice. These
ryeral reasons are thought To clearly indi.
ate that there will be high mngc Of values
throughout the season.
The Manchester Guardian, 81 the 26th, IN
commercial article, says The market is
fncnlly tame. Firmncss prevails. Sell.
make slight progress. Buyers do little
BIZ prices " more divergent The full cn-
pgcmcnt oi production and the recent ad.
ance In cotton Rvc strength To sellers.
rhina merchants recently purchased freely
There are now fewer inquiries. There is u
poor inquiry In India which is partly due
10 the native holidays There il quiet de
nand frum the smaller foreign and home
markets. Export yarns are very iirm. The
bccent frvc buying, including purchases for
papan and the smaller eastern markets,
strcngthcns the position II spinncr. Home
panufnciurcs were recently liberal pur,
rhhscrs, and left few Of their wants unpro-
ided for The cloth market II SLOW, though
here Is no weakness China staples are firm
Ind arc wen sold. India shirtingys arr less
nlly engaged than shirtings for China, but
be position Of manufacturers Il strong
There arr few inquiries for jaoconcts aud
nnlls. The prices offered arr below current
Fnies. Best prints arr firm. There Is an
increased inquiry iut medium aud common
pnnis Heavy goods are steady, and there
j. moderate business.
iNruurs
One hundred and ten brls apples, 900 sks
bran, - pkg butter. Bpkgs bacon, I, OlO pkg
boou aud shoes, 50 bu corn, iit Pkg
fhecsc, ~ Ks coffee. 80 sks cotton seed, IS
sar cotton seed, 30 pkgs dry goods. a. pkg.
<pc, 025 bfls Hour, go bales hay, 40 pkg,
halr, ~ head hogs. ~ head cattle. ~ head
hoiscs aud mules, 40 pkFs lard. 4.On0 feet
lumber, a. pkgs liquors, 80 hrls lime, III,
hrls meal ~ brls molasscs. go Kegs nails
500 bu oats, 30 hrls potatoes, 3 cars pnrk
sides, ~ pkrs rice, 30 brls sugar, $40 pkg
tobacco, Oop bu wheat
IiryATuE RrroHrs.
The following shows the amount ~ grair
reocivci, withdrawn and In store by rcgua
elevator, o. reported to the Merchants cN
charge to-day Wheat In store, 2iS2D bu
Corn Withdrawn, ~ bu. IN stor', az bu
Oats received, $40 bu. withdrawn, h2j bu
IN store, Od23j bu.